In Tseung Kwan O, Hong Kong, a 3-year-old boy was kidnapped from a shopping mall on July 3. The kidnappers asked for a ransom of 660,000 USDT, around IDR 75 billion! 😱

The boy's parents were instructed to download the Telegram app and buy the USDT ransom from an offline OTC shop. They were also threatened not to contact the police.

However, Hong Kong's Organized Crime Bureau and Triads, which specialize in organized crime, sprang into action. On July 4, the boy was found safe and the suspects were arrested.

Tether, the company behind USDT, has been linked to a large number of illegal transactions. In 2023, it was involved in illegal transactions worth $19.3 billion. Will this impact USDT's reputation? What do you think? Come on, discuss it in the comments column!